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Property profile & analytics
OFF-MARKET
Land

114 Hammond Ave Cascade Locks, OR 97014

0.85 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.85-acre lot in Cascade Locks, Oregon, presents a compelling redevelopment opportunity. Located at 114 NE Hammond Ave (APN 700795), this fee simple property boasts a Low Density Residential zoning (LDR) permitting 7,500 square feet per unit. The land is relatively flat, making development straightforward. Currently zoned to potentially allow for the construction of one single-family residence and one duplex, offering a total of three potential dwelling units. This translates to a strong potential return on investment, fueled by the high local demand for housing in this desirable area. Utilities—water, sewer, and electric—are readily available on-site. The property previously contained a mobile home, which has since been removed. Access is convenient via Hammond Ave. Beyond its residential potential, this location offers unparalleled access to a wealth of recreational activities, including hiking, windsurfing, and world-class fishing. The property consists of two lots (Tax IDs 5804 and 5805). This is a rare chance to acquire a versatile property in a stunning recreational setting with significant development upside. Don't miss this chance to capitalize on the thriving Cascade Locks market.

Property profile
Verified
Property type Land
Lot 0.85 ac (37,026 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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